UBL Pakistan Enterprise ETF
EWT NYSE
iShares MSCI Taiwan ETF · by BlackRock
iShares MSCI Taiwan ETF provides concentrated exposure to Taiwanese equities, dominated by Taiwan Semiconductor (TSMC) and the global semiconductor supply chain.
What is EWT?
The iShares MSCI Taiwan ETF (EWT) provides concentrated exposure to the Taiwan Stock Exchange (TWSE). Taiwan's market is dominated by its semiconductor industry, with TSMC alone representing nearly 25% of the fund. Taiwan is the world's most critical semiconductor manufacturing hub.
Sector Allocation
- Technology: 58.5%
- Financials: 18.2%
- Materials: 5.8%
- Communication Services: 4.5%
- Industrials: 4.2%
- Consumer Discretionary: 3.5%
- Consumer Staples: 2.8%
- Healthcare: 1.5%
- Energy: 0.5%
- Utilities: 0.5%
TSMC and Geopolitical Risk
TSMC manufactures the world's most advanced chips for Apple, NVIDIA, AMD, and others. This concentration creates both opportunity and geopolitical risk given cross-strait tensions with China.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor | TSM | Technology | 24.50% | $427.30 2.30% |
| 2 | Hon Hai Precision (Foxconn) | HNHPF | Technology | 5.20% | $16.30 5.57% |
| 3 | MediaTek | MDTKF | Technology | 4.50% | — |
| 4 | Delta Electronics | DLTEF | Technology | 2.80% | — |
| 5 | Cathay Financial | CATHAY | Financials | 2.50% | — |
| 6 | Fubon Financial | FUBON | Financials | 2.20% | — |
| 7 | United Microelectronics | UMC | Technology | 2.00% | $19.07 0.21% |
| 8 | CTBC Financial | CTBC | Financials | 1.80% | — |
| 9 | ASE Technology | ASX | Technology | 1.50% | $38.90 4.40% |
| 10 | Chunghwa Telecom | CHT | Communication Services | 1.20% | $42.98 0.16% |
Frequently asked questions
Is EWT basically a TSMC bet?
With TSMC at ~25% weight and other chip companies adding another 20%+, EWT is effectively a leveraged semiconductor play on Taiwan chip dominance.
What is the geopolitical risk for Taiwan ETF?
Cross-strait tensions between China and Taiwan create geopolitical risk. However, Taiwan market has historically recovered from tensions due to its critical global semiconductor position.
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EWT discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of EWT in 2026?
EWT price prediction 2026: what actually drives it?
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Is EWT a good long-term hold, or too concentrated?
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